Macro FRQ Practice- 2017 #1- Phillips Curve, AD/AS, Forex

Hey econ student! How are you? Well, I made this video to help you practice and sharpen your skills. I go over the first FRQ in the 2017 Macro AP exam.

To see all the released FRQs go to the link below. Also, I organized the FRQs by topic so it is easier to see how often they ask specific questions. Check it out. Lastly, please take a look at my Ultimate Review Packet. It has everything you need to rock your macro class.

2017 FRQ #2

College Board Website for AP Macro

FRQs organized by topic

Ultimate Review Packet

[-ze]

You helped me pass AP Microeconomics and Macroeconomics last year and I can't thank you enough. I just wish there is a channel out there for AP Statistics... my grades in this class is like the recent stock market.

[UseLess-ug]

HI Mr Clifford. you are the best. your videos helped me to get A+ from Microecon. so I hope to get A+ from Macro also.

[noahchoi]

Watching this 15 minutes before my final exam

[michaeltan]

Hey Mr. Clifford, I have a question about 1e. So I went with the use of government spending to close the recessionary gap, and I said the government must be running a deficit with all that spending, borrowing from banks and the interest rate rises. Since foreign countries are attracted to the rise in Country X’s interest rates, and thus the demand for Country X’s currency will rise, which causes the dollar value to appreciate (where if I were only to focus on the rise in GDP, currency would depreciate). Is it possible to have all these outcomes? And although I completely butchered that question and it didn’t say anything about loanable funds and focused on GDP only, would I still earn at least partial credit for staying consistent?

[charliejennifer]

Why didn't you include LRAS in your graph? I started my graph in a recessionary gap & then moved into equilibrium. Will points be deducted if LRAS is included but not needed (assuming we included it correctly)?

[CL]

Hey Mr.Clifford. I have a question. The dollar usually appreciates if imports rise correct ? If so then why does the dollar depreciate in this case.

[kylieghirxi]

Love your videos, you should make a video about population and how to calculate different working groups

[anonymoussloth]

Hi Mr. Clifford. This was an awesome video and this really helps me since I am self studying. I had a question about part e. If the gdp increases and the country spends more which means imports increase, wouldn't the demand for the currency of whatever country the imports is from increase? Ex: if US gdp increases, it will buy more imports from Britain which means its demand for pounds increases. With your explanation, why would the supply of the dollar increase?

[jonathanapa]

Im stell control welcome to fast and furios

[jonathanapa]

Stan . my nasdaq jonathan @ donald trump app